Vecima Networks (TSX:VCM) 3-Year Book Growth Rate: 4.10% (As of Mar. 2026) — Near Median

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TSX:VCM Vecima Networks Inc TSX:VCM
76 GF Score
Price C$12.49
GF Value C$16.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vecima Networks 3-Year Book Growth Rate?

Vecima Networks TSX:VCM +0.32% 76 3-Year Book Growth Rate is 4.10% as of Mar. 2026, which is 1% above its 10-year median of 4.05. GuruFocus rates TSX:VCM with a GF Score™ of 76/100 and a GF Value™ of C$16.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,386 Hardware companies, Vecima Networks ranks better than 52.31% on this metric.

Vecima Networks's Book Value per Share for the quarter that ended in Mar. 2026 was C$8.73.

During the past 12 months, Vecima Networks's average Book Value per Share Growth Rate was -8.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 3.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Vecima Networks was 57.00% per year. The lowest was -3.40% per year. And the median was 4.05% per year.


Vecima Networks  (TSX:VCM) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Vecima Networks 3-Year Book Growth Rate Related Terms


TSX:VCM vs CSCO, MSI, HPE: 3-Year Book Growth Rate Comparison

For the Communication Equipment subindustry, Vecima Networks's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vecima Networks 3-Year Book Growth Rate vs Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Vecima Networks's 3-Year Book Growth Rate falls into.


TSX:VCM
76GF Score
Vecima Networks Inc TSX:VCM
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Vecima Networks 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 4.10% mean?
Vecima Networks (TSX:VCM) has a 3-Year Book Growth Rate of 4.10% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vecima Networks and its competitors. This is near median its historical median of 4.05. According to the industry distribution chart, Vecima Networks ranks #1138 out of 2386 companies in the Hardware industry, placing it in the top 47.7%.
Is Vecima Networks' 3-Year Book Growth Rate too high?
Vecima Networks' current 3-Year Book Growth Rate of 4.10% is near median its 10-year median of 4.05. The Hardware industry median 3-Year Book Growth Rate is 3.60. Vecima Networks' value of 4.10% is 13.9% above this industry median. Based on the distribution chart, Vecima Networks ranks #1138 out of 2386 companies in the Hardware industry, which is above the industry midpoint. Overall, Vecima Networks has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vecima Networks' 3-Year Book Growth Rate compare to CSCO and MSI?
According to the Hardware industry distribution chart, Vecima Networks ranks #1138 out of 2386 companies for 3-Year Book Growth Rate. This puts Vecima Networks in the upper half of its industry. The industry median 3-Year Book Growth Rate is 3.60. Vecima Networks' value of 4.10% is 13.9% above this benchmark. While the company's 10-year median is 4.05 vs. the industry median of 3.60, Vecima Networks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Hardware company?
The median 3-Year Book Growth Rate among Hardware companies is 3.60, based on 2,386 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vecima Networks's current 3-Year Book Growth Rate of 4.10% is 13.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vecima Networks and its competitors. For the Hardware industry, the median 3-Year Book Growth Rate is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vecima Networks's current 3-Year Book Growth Rate is 4.10%, which is near median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vecima Networks stock overvalued right now?
Based on GuruFocus' analysis, Vecima Networks (TSX:VCM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$16.32, compared to a current price of C$12.49 — trading 23.5% below its estimated fair value. The current 3-Year Book Growth Rate is 4.10%, which is near median its 10-year median of 4.05 and 13.9% above the Hardware industry median of 3.60. Vecima Networks' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Vecima Networks (TSX:VCM), the current 3-Year Book Growth Rate is 4.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vecima Networks (TSX:VCM) Overvalued in 2026?

Based on GuruFocus' analysis, Vecima Networks stock appears to be undervalued. The current stock price of C$12.49 is trading 23.5% below its estimated GF Value™ of C$16.32. GuruFocus considers Vecima Networks to be Modestly Undervalued.

Key valuation signals for TSX:VCM:

  • 3-Year Book Growth Rate: 4.10% (near median its 10-year median of 4.05)
  • GF Value™: C$16.32 vs. price of C$12.49 (23.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 13.9% above the Hardware median (#1138 of 2386)

No single metric tells the full story. See the TSX:VCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vecima Networks Business Description

Other Exchanges VNWTF:USA
Address 201-771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc is a Canadian company that develops integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three business segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The majority revenue generation segment, Video and Broadband Solutions segment, provides platforms that support broadband and video services over cable and fiber networks. The Content Delivery and Storage segment offers software and solutions for storing, transforming, and delivering video content. The Telematics segment provides fleet management and asset tracking solutions for mobile and fixed assets. The company has operations with offices and manufacturing facilities in several countries.
76GF Score

Get the complete analysis for TSX:VCM

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$12.49
Price
C$16.32
GF Value